REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
FOR |
|
ERIC VICK TRANSPORT LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
FOR |
|
ERIC VICK TRANSPORT LIMITED |
ERIC VICK TRANSPORT LIMITED (REGISTERED NUMBER: 01132840) |
|
|
|
|
|
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 4 |
ERIC VICK TRANSPORT LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
ERIC VICK TRANSPORT LIMITED (REGISTERED NUMBER: 01132840) |
|
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2015 |
|
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 3 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
3 |
( |
) |
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) |
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Share premium |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ERIC VICK TRANSPORT LIMITED (REGISTERED NUMBER: 01132840) |
|
ABBREVIATED BALANCE SHEET - continued |
30 NOVEMBER 2015 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
its behalf by: |
|
|
|
|
|
|
|
ERIC VICK TRANSPORT LIMITED (REGISTERED NUMBER: 01132840) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
1. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
There are no material uncertainties that may cast significant doubt about the company's ability to |
continue as a going concern. |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
Turnover |
|
|
Tangible fixed assets |
|
|
Property | - |
|
Garage equipment | - |
|
Plant and equipment | - |
|
Office, computer equipment and furniture | - |
|
Motor vehicles | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
|
Deferred tax |
Deferred taxation is recognised in respect of all timing differences that have originated but not reversed |
at the balance sheet date, where transactions or events result in an obligation to pay more taxation in |
the future, or the right to pay less taxation in the future. It is measured at the average tax rates that are |
expected to apply in the period in which the timing differences are expected to reverse, and is based |
on tax rates and law that have been enacted or substantively enacted at the balance sheet date. |
Deferred tax assets are recognised only to the extent that it is considered more likely than not that |
there will be taxable profits from which the future reversal of the underlying timing differences can be |
deducted. Deferred tax assets and liabilities have not been discounted. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
held under finance leases are depreciated over their estimated useful lives or the lease term, |
whichever is the shorter. |
|
The interest element of these obligations is charged to the profit and loss account over the relevant |
period. The capital element of the future payments is treated as a liability. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to the profit and loss account in the period to which they |
relate. |
ERIC VICK TRANSPORT LIMITED (REGISTERED NUMBER: 01132840) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2015 |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2014 |
|
Additions |
|
Disposals | ( |
) |
At 30 November 2015 |
|
DEPRECIATION |
At 1 December 2014 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 30 November 2015 |
|
NET BOOK VALUE |
At 30 November 2015 |
|
At 30 November 2014 |
|
|
3. | CREDITORS |
|
Creditors include an amount of £
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to directors subsisted during the years ended 30 November 2015 |
and 30 November 2014: |
|
2015 | 2014 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
|
|
|
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
|
|
|
There are no set repayment terms or interest accruing on the above loans. |